Weizhong Bank Helps Blockchain Industry Flourish

On July 19, the press conference of "Digital Greater Bay Area-Report on Blockchain Helping Guangdong-Hong Kong-Macao Greater Bay Area Convergence Development (2022)" (hereinafter referred to as "Report") hosted by China (Shenzhen) Comprehensive Development Research Institute was held in Shenzhen.

According to the report, digital technology represented by blockchain can play an important role in breaking the ice of institutional differences, supporting the leap of real economy and empowering social governance innovation in Guangdong-Hong Kong-Macao Greater Bay Area, and effectively promoting the integration and development of Guangdong-Hong Kong-Macao Greater Bay Area into the new era of 2.0. The report shows the role and contribution of blockchain in the construction of digital economy, digital society and digital government with rich practical cases of blockchain usage scenarios.

Greater Bay Area blew the horn of the rise of blockchain.

"Guangdong-Hong Kong-Macao Greater Bay Area blockchain field is active in innovation, rich in use results, attractive in factors and strong in policy support, showing an ecological development trend." At the press conference, the report announced a series of achievements made by Greater Bay Area in the blockchain field.

According to the report, in 20021year, the number of patent applications for invention related to blockchain in Chinese mainland, Hong Kong, Macao and Taiwan regions was 107 10, of which 3,282 occurred in Greater Bay Area, accounting for 3 1% of the total. In addition, Greater Bay Area has published 756 articles on the theme of blockchain, and compared with other world-class Bay Area, it has begun to occupy obvious advantages in quantity.

In the context of a hundred years of change, experts and scholars shared their thoughts on the value of blockchain. Fan Gang, a well-known economist and president of China (Shenzhen) Research Institute for Comprehensive Development, said that under the influence of international situations such as the epidemic and the Russian-Ukrainian war, new changes have taken place in the international trade system and the currency settlement system. Because the blockchain has the characteristics of privacy, mutual trust of real information and no need to repeatedly verify duplicate information, the transaction efficiency is greatly improved. In his view, with Internet technologies such as blockchain, under the empowerment of large enterprises' open source ecology, more small enterprises will use the platform to play a role.

Fan Gang, President of China (Shenzhen) Comprehensive Development Research Institute.

Therefore, the report believes that "Greater Bay Area has sounded the clarion call for the rise of blockchain". "Guangdong-Hong Kong-Macao Greater Bay Area's advantages lie in its open market, diversified demand and talent gathering. The frontier science and technology field represented by blockchain is active in innovation, with fruitful results, and the ecological development trend has been set. It has become a new highland for the development of blockchain at home and abroad, gestating the strong development pulse and greater development future of blockchain and digital economy. " Liu Zaifa, vice president of China (Shenzhen) Comprehensive Development Research Institute, said in the report.

Frontier Science and Technology Expansion, Integration and Innovation "Xinjiang Region"

Ma, Vice President and Chief Information Officer of Weizhong Bank.

This is an example of cross-border use of blockchain in trusted data.

Commenting on the report, Tang Jie, a professor at the School of Economics and Management of Harbin Institute of Technology (Shenzhen) and former deputy mayor of Shenzhen, pointed out that at present, the application results of blockchain in Guangdong-Hong Kong-Macao Greater Bay Area are very rich, the number of blockchain application projects ranks among the top in the country, and a number of leading blockchain enterprises are emerging, which can not only effectively solve the institutional differences caused by the current poor flow of goods and funds in Guangdong-Hong Kong-Macao Greater Bay Area, but also contribute to the cross-border and cross-domain use of data elements. He believes that new technologies such as blockchain should actively explore the application scenarios in Greater Bay Area, advocate technology-leading enterprises to open up sources, and create a good ecology.

Therefore, the report points out that "the digital technology represented by blockchain has accelerated the integration of Greater Bay Area".

This integration is reflected in the fact that technology is melting the ice of institutional differences, supporting the leap of the real economy and empowering social governance innovation. Among them, in terms of melting system differences, Guangdong-Hong Kong-Macao Greater Bay Area's "Bay Area Financial Technology Talent Chain", Weizhong Bank's financial inter-agency reconciliation platform, Guangdong-cross-border data verification platform, port logistics and

Liu Chuanyi, executive dean of the Institute of Data Security of Harbin Institute of Technology (Shenzhen) and a professor at the School of Computer Science and Technology, also believes that one of the functions of blockchain is to keep the traceability of certificates, which cannot be tampered with or traced back. This function determines that it can become an important infrastructure in the digital age. "As an infrastructure, the blockchain should be open source first, and then formally verify the source code. In addition, the blockchain should be vertically open, and some important uses should be fed back to these infrastructures, thus strengthening the continuous iteration of the infrastructure and making this infrastructure clearer. "

With the in-depth convergence of Guangdong, Hong Kong and Macao rules and mechanisms, the level of integration and development in Greater Bay Area has been continuously improved. The report further points out that the shallow integration needs of Guangdong-Hong Kong-Macao Greater Bay Area's integration development in the era of 1.0, such as hardware docking, front shop and back factory, and gradient division of labor, are being replaced by the deep integration needs of the era of 2.0, such as system compatibility, economic interdependence and social interconnection.

"Guangdong-Hong Kong-Macao Greater Bay Area relies on cutting-edge technologies such as blockchain to realize the flow or utilization of trusted data in a multi-institutional environment, improve the efficiency and effectiveness of people flow, logistics and capital flow, and greatly expand the' Xinjiang region' with economy as its hinterland and integration and innovation." The report pointed out.

Develop "trust transfer machine" to help integrated development.

"Blockchains, especially alliance chains, are considered to be machines that transmit trust. Based on blockchain technology and personal-led distributed data transmission protocol, it can effectively promote the flow of data elements and help the integrated development of Greater Bay Area. " As a representative of industry practice, Ma said when sharing.

According to its disclosure, Weizhong Bank has always regarded blockchain as one of the core technologies of financial technology, and launched the blockchain alliance "Golden Chain Alliance" in the financial industry on 20 16. Adhering to the comprehensive, safe and controllable blockchain technology concept, and relying on the cooperation of the Golden Chain Alliance Open Source Working Group, FISCO BCOS, the underlying open source platform of the Golden Chain Alliance, was built to realize the full chain localization support, which greatly accelerated the development of the blockchain open source ecology in Guangdong-Hong Kong-Macao Greater Bay Area. At present, Weizhong Bank, as the first digital bank in China, has accumulated 340 million effective individual customers and nearly 2.8 million small and micro enterprises.

Ma revealed that at present, the open source alliance chain ecosystem jointly built by Weizhong and many parties has gathered more than 3,000 institutions and enterprises and more than 70,000 individual members, successfully supporting the use of hundreds of blockchain in financial, medical, judicial, agricultural and manufacturing industries, and supporting more than 200 benchmarks for industrial digitalization.

At present, the blockchain in Guangdong-Hong Kong-Macao Greater Bay Area presents an ecological development trend, and the open and diversified blockchain ecosystem is accelerating its evolution. Gu Qingshan, assistant general manager of Shenzhen Zhangzhangtong Intelligent Technology Co., Ltd. pointed out that as the flagship of financial technology hatched by Ping An Group, Financial Zhang Tong has been deeply involved in financial technology for many years.

With rich experience in the use of financial blockchain and deep accumulation in patents and localization, it can meet the actual needs of financial institutions' blockchain.

As a representative of academic practice, Pang Chuan, vice president of Macau University of Science and Technology and a member of Macao Legislative Council, said that apart from scientific research serving the society, the most important thing in the academic circle is to cultivate talents. In June, 2023, the blockchain project (0809 17T) was approved by the Ministry of Education for undergraduate majors, and the first batch of undergraduate graduates of the blockchain project will be officially born four years later. In addition, Tsinghua University, Peking University, University of Science and Technology of China and other well-known universities have been included in the pilot list of innovative use of blockchain in the national education field.

Li composition hualian

Related Q&A: How does the procuratorate inquire about the bank flow of Weizhong Bank? The procuratorate only needs to go to the company to investigate the bank flow of Weizhong Bank. Generally, the court can't inquire about the bank flow of the person subjected to execution, but those related to the case can apply for inquiry. The running water of the person subjected to execution may involve property other than the case, and the property inquired, sealed up, frozen, transferred or changed in price by the people's court shall not exceed the scope of the obligations that the person subjected to execution should perform. Without legal authorization, the court cannot inquire.